NewsCNBC: UK’s Royal Mail reveals plans to cut up to 6,000 jobs by next summer

October 14, 2022by 0

CNBC reports:
Royal Mail revealed plans Friday to cut up to 6,000 jobs by next summer following a summer of strikes by postal workers in the U.K. 
“We will be starting the process of consulting on rightsizing the business in response to the impact of industrial action, delays in delivering agreed productivity improvements and lower parcel volumes,” Royal Mail parent company IDS said in a release.
“Based on current estimates, c.5,000-6,000 redundancies may be …

The post CNBC: UK’s Royal Mail reveals plans to cut up to 6,000 jobs by next summer appeared first on The Loadstar.

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